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Territory positioned for growth

IRON ore producer Territory Resources says it is well positioned for growth and acquisitions after reporting a full year net profit after tax of $A41.3 million, a $112.7 million turnaround in its financial performance over the previous year.

MiningNews.Net
Territory positioned for growth

The full year profit was struck on a 54% jump in operating sales revenue to $175.9 million on the back of a 30% increase in iron ore shipments for the year to 2.027Mt and a strong rebound in iron ore prices....

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